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Faure Gnassingbé and Diomaye Faye, the Presidents of Togo and Senegal have been appointed as co-facilitators for ECOWAS to work with the leaders of Mali, Burkina Faso, and Niger. Several months ago, these three countries began withdrawing from ECOWAS to form the Alliance of Sahel States (AES).
They were assigned the mission at the 65th Ordinary Session of the ECOWAS Heads of State and...
The Togolese capital is hosting the 23rd International Pharmaceutical Forum from July 4 to 6, 2024. The event, themed "Universal Access to Healthcare, challenges, Issues and Prospects for the Pharmaceutical Sector," is set to gather around 1,500 participants from various African countries, including researchers, teachers, wholesalers, pharmacists, manufacturers, biologists, and public health...
Ceco, a Togolese firm, secured the contract to build the Ebolowa-Efoulan-Mbango road (60 km) in Cameroon's southern region–a project with an estimated cost of CFA37 billion. The contract was signed on July 1 in Yaoundé with Emmanuel Nganou Djoumessi, Cameroon’s Minister of Public Works. The deal is conditional on Ceco's ability to secure financing on terms “acceptable” to the Cameroonian...
Togo officially launched its 2024-2025 soybean production campaign last week in Guérin-Kouka, in the Dankpen prefecture. The CIFS, the body overseeing the industry, organized the launching ceremony. This year, the event’s theme is "Mechanization of soybean production, a factor in increased productivity ".
At the ceremony, the CIF’s boss, Komlan Kadzakadè, said the body learned from the...
Togo now has a digital registry for businesses. The platform, DataBiz, was launched on July 1, 2024, by the Chamber of Commerce and Industry (CCI-Togo).
DataBiz aims to provide a more accurate map of Togo’s economic players and to reassure foreign partners in their business and administrative dealings with Togo. "The aim today is for every Togolese company to make itself known on this...
It is now possible for Togo’s micro, small, and medium-sized enterprises (MSMEs) to access their charter online. The Ministry of Trade, Rose Kayi-Mivedor, made it possible on July 2, 2024, in Lomé, on the 2nd edition of the International Day of MSMEs. The event was placed under the theme: "Building a collective resilience of MSMEs for better access to financing and markets".
The innovation...
Togo and India inked a visa exemption memorandum of understanding (MoU) last week. The MoU was signed in Lomé, Sevela Naik Mude, head of the Central and West Africa zone at the Indian Ministry of External Affairs, and Afo Salifou, Secretary General of the Togolese Ministry of Foreign Affairs.
This agreement, benefiting holders of diplomatic, official, and service passports from both nations,...
Last year, 69% of the Togolese population had access to drinking water, up from 47.66% in 2014. The update was disclosed on July 2, 2024, by the Ministry of Water.
The data further reveals that in rural areas the service rate rose from 47.7% in 2014 to 74.4% in 2023. In semi-urban and urban areas it stood at 55.9% and 69% in 2023, against 42.6% and 47.7% in 2014, respectively.
The...
The French Consulate in Togo has announced a new scheme to simplify and speed up business visa issuance for Togolese company representatives. This was formalized in an agreement signed last May between the French Embassy and Togolese employers' organizations, including the Chamber of Commerce and Industry of Togo (CCI-Togo).
The new system was presented to Togolese economic operators in Lomé on...
The West African Development Bank, BOAD, disbursed over CFA700 billion to support WAEMU States in the first half of 2024. The Bank disclosed the figure last Thursday, June 27, during the 142nd Ordinary Session of its Board. The BOAD President, Serge Ekue, chaired the session.
"The mid-term review of financial forecasts for the 2024 financial year shows that in the first half of 2024, global...
Togo is the top WAEMU member in terms of financial inclusion. "In 2023, the rate of use of financial services in Togo reached 87.1%, fruit of the concerted efforts of the government and financial sector players," said Mazamesso ASSIH, Minister of Financial Inclusion, last Thursday, on the sidelines of a regional consultation workshop on the revision of the regional financial inclusion...
Lomé-based airline Asky recently unveiled plans to purchase two Boeing 787s per year.
The carrier revealed its ambition at the 2024 AviaDev Africa, which ended on June 21 in Windhoek, Namibia.
According to Martial Tevi-Bénissan, Asky's commercial director, the plan might be hampered by a global plane shortage, especially the Airbus model that Asky seeks.
"There is currently an availability...
Togo plans to develop the Souroukou waterfall, located 15 kilometers from Djarkpanga in the central region. The Ministry of Tourism approved the feasibility study for this project on June 28, 2024.
The study indicates that the project will cost CFA 1.55 billion and run for three years. It aims to improve the region's infrastructure and attract more visitors. Minister of Culture and Tourism,...
A delegation of US Senate officials was in Togo last week. They met with Sandra Ablamba Johnson, Minister Secretary General of the Presidency.
Topics discussed include the Togo-US economic partnership, projects fostering socio-economic development in the African country, as well as Lomé’s efforts to make the Togolese business climate more favorable to big investments.
Nous avons eu...
Togo has adopted the "Smart Valleys" system to boost its rice sector. This is a sustainable system for managing rice-growing lowlands. It was recently introduced to 120 farmers in Blitta, with the support of the West African Food System Resilience Program (FSRP).
The "Smart Valleys" system helps retain rainwater in fields, thus reducing flood-induced fertilizer loss while increasing...
Works to rehabilitate the Lomé-Cotonou road will be done in three months. The African Development Bank (AfDB) announced the date, after visiting the site last Thursday, June 25. According to the bank, the work is 80% complete at the moment.
The AfDB delegation was with two others–one from the European Union and another from the West African Development Bank (BOAD).
"We're very...